US President Trump's Stance on China Tariffs
US President Donald Trump's threat to escalate tariffs on China to 100% has reignited trade war fears between the two nations.
China currently faces US tariffs of 30% on its goods, imposed by Trump due to allegations of unfair trade practices and aiding in the fentanyl trade.
- Rare earths are a key point of contention in US-China trade talks.
- The tariff threat marks the sharpest escalation since the 2018 trade conflict.
“Want to Help China, Not Hurt It”
Despite his threats, Trump stated that he wants to help China, not hurt it, and believes "China will be fine".
Beijing has responded to the US move, calling it "double standards" and warning against economic aggression.
Author's summary: Trump's tariff threat escalates US-China trade war.
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